| > legislation Perhaps more generally phrased as governance Yes, the answer is not some business plan by which some can dodge disaster in an untrustworthy market, the answer is to recognize that this planet is a spaceship i.e. materially closed, and we are massively soiling the nest, microplastic is in steak because it's literally everywhere on the surface of the earth, etc. Therefore, good ecological governance is a requirement, as is the analysis, as a public service, of the resources and ecosystems, and the services they provide human beings and our dependents, i.e. a democratic and just policy, not a lucrative plan to privatize yet more of public health If one is convinced the best vehicle for the above in the near term is a business, then it had better have a different approach than is typical of personal health tech startups Empowering individuals isn't worthless by any means but pitting one against another with asymmetric information is worse than worthless |
Prior to free trade, you could reasonably sue the manufacturers or distributors for egregious harms. You could also reasonably expect domestic regulatory authorities to intervene before these harms entered the market.*
In principal, this could be done in a free trade system with counterparties who implement and enforce similar rules. But then you need all parties to agree on any new rules and enforcement mechanisms. You only need one bad actor to nuke the arrangement by growing without these burdens.
* Assuming regulations and laws are equitably and incorruptibly enforced in the local government.